Electronic Trading: Introduction

For most individual investors, taking a long-term buy and hold approach is probably the best strategy. Most of us simply don't have the time or the expertise to trade for a living. But, for some investors trading can be an extremely lucrative profession. Regardless of your opinion, it's difficult to deny that there are many people well off because of trading. There have always been professionals who made their living off trading. Though, it wasn't until recently that technology enabled individuals not working for a brokerage to directly access the markets. This tutorial will delve into the workings of the electronic systems that allow this direct access. We'll also talk about the differences between the NYSE and the Nasdaq, in terms of how trades are executed with a market maker versus a specialist. Whether you are an aspiring trader or an investor looking to see how it all works, this tutorial explains all the nitty-gritty in layman's terms.

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